INVENTORIES

6 Months Ended

Dec. 23, 2018

Inventory Disclosure [Abstract]

INVENTORIES

INVENTORIES

Inventories are stated at the lower of cost (first-in, first-out method) or net realizable value. System shipments to customers in Japan, for which title does not transfer until customer acceptance, are classified as finished goods inventory and carried at cost until title transfers. Inventories consist of the following:

	December 23, 2018		June 24, 2018
	(in thousands)
Raw materials	$	1,017,711	$	916,438
Work-in-process	183,951		222,921
Finished goods	501,645		736,803
	$	1,703,307	$	1,876,162